BUSINESSWIRE PRESS RELEASE

Econolite Wins $21.9 Million Caltrans Contract

BUSINESSWIRE PRESS RELEASE

Econolite Wins $21.9 Million Caltrans Contract

BUSINESSWIRE PRESS RELEASE

Econolite Wins $21.9 Million Caltrans Contract

Jul. 30, 2018

https://www.apnews.com/e896e4a5cc0d48df8a84fcfb90485e4c

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ANAHEIM, Calif.--(BUSINESS WIRE)--Jul 30, 2018--Econolite, the leader in one-stop-shop traffic management solutions, today announced that it has been awarded a $21.9 million contract by the California Department of Transportation (Caltrans) to provide transportation infrastructure upgrades in Caltrans District 7 – Los Angeles County region. Under terms of the contract, Econolite will provide traffic system modernization for Caltrans highways in District 7 through December 2020.

“The vital arteries in District 7 handle more than 100 million vehicle miles traveled daily and this transportation infrastructure upgrade represents a significant step toward enhancing safety and mobility for citizens and visitors in Los Angeles County,” said Rodney Mathis, Econolite Vice President of Systems.

The project calls for upgrading and replacing more than 3,000 detection sensors, as well as installing new signal controllers, and traffic cabinets. The scope of the work also includes deploying new communications systems, including wireless, at the specified project locations throughout Los Angeles County.

“This contract award affirms Caltrans’ vision and commitment to safety and mobility of the traveling public. We are delighted and privileged to offer our broad range of products and services meeting the infrastructure upgrade needs of one of the largest counties in the nation,” said Mathis. “As the leader in one-stop-shop traffic management solutions, Econolite is well-positioned to meet the unique demands of this large-scale transportation upgrade project that will enhance safety and the overall commuting experience across Los Angeles County.”

About Econolite

Econolite’s Intelligent Transportation System (ITS) solutions ease traffic congestion, provide safer mobility and improves quality of life. As the one-stop-shop leader for traffic management systems, sensor products, and services, our broad offerings also include planning and design of turnkey, multi-modal transportation systems, software engineering, traffic network implementation, integration, operations, and maintenance. Econolite is committed to the advancement of connected and autonomous vehicles, smart cities, and cybersecurity. For more information, visit us at www.econolite.com